Human resources Flashcards
Motivation
The urge for employes to work hard and efficiently for their employer
Wage
(Weekly) payment for work
Time rate
Wage based on number of hours worked
Piece rate
Wage based on the number of units output
Salary
Monthly/Annual payment for work
Comiision
Payment based on the number of units sold
Profit sharing
Payment to employees based on the share of the profits of a business
Bonus
Additional payment to employees above wage or salary
Share ownership scheme
Giving employees a share in a company to encourage a sense of belonging and ownership
Appraisal
Assessing the performance of workers
Job satisfaction
Enjoyment employees get from completing a rewarding job/task
Job rotation
Workers switch tasks with other workers
Job enlargement
The addition of tasks (with similar difficulty and responsibility as their current tasks) to their current job description
Job enrichment
Adding task which are more difficult and skillful as well as responsibility to a workers job description
Organisational structure
The levels of management and divisions of responsibility in an organization
Chain of command
The route taken by instruction passed down from senior management
Level of hierarchy
A level of management where people have the same level of responsibility
Span of control
The number of employees working directly under a manager